Cousins Property Group eyes Phnom Penh as strategic location

31st Jan 2010

Cousins Property Group Pty Ltd (CPG) is looking to set-up a second overseas real estate office and development arm in Phnom Penh, Cambodia. Expansion out of Thailand into Cambodia will give CS a far greater exposure in the region.

"Cambodia's open door investment policy for Thai companies assists greatly in this decision. We have been hamstrung for several years with the political situation in Thailand and have not been able to move forward at the rate we would have liked. We now view Cambodia's invitation to commence business as a fantastic opportunity," said Russell Cousins, director of  Cousins Property Group Pty Ltd.

Cambodia is a hive of activity, growing very rapidly in Asia. Many Australian & overseas companies are moving to Cambodia to set-up ‘shop'. Tourism is now demanding a higher standard of accommodation and the commercial sector is requiring office space to facilitate the growth of Phnom Penh.

Cousins Property Group Pty Ltd is a private company headed by Russell Cousins which specialises primarily in a diverse range of property development projects in both Australia & overseas. These projects range from land subdivisions to resorts to businesses.

For further information about Cousins Property Group Pty Ltd and its expansion to Cambodia, contact Russell Cousins on 1300 366 923.